The UK government's plan to scale back support for energy bills is 'flawed', Northern Ireland's finance minister has said costofliving
Mr Hunt, who was appointed as chancellor on Friday, said the support would be reviewed so it cost "significantly less than planned".The chancellor added it would be "irresponsible for the government to continue exposing the public finances to unlimited volatility in international gas prices".Mr Murphy called on the government to recognise the "extreme hardship" some of the most vulnerable in society were facing.
"The cost-of-living crisis is having a profound impact on households and families who deserve some certainty around their future financial outlook," he said. "It is already a stressful time for people, with many facing rising mortgage costs as a result of the chaotic mini-budget."It includes shelving planned cuts to the basic rate of income tax to 19%.
The details of an earlier £400 energy support payment have not yet been finalised for Northern Ireland. However, it will require new legislation to be passed as Northern Ireland has a separate energy system and policies introduced in Great Britain do not automatically apply.
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